Direct Loan Canada Blog

The sombre mood that has gripped the Calgary-based oilpatch for several years is starting to show flickers of hope, with more financially secure companies making moves to grow in 2021.
Source: ctv business
Observers see rays of hope for 2021 in Canada’s gloomy oil and gas sector

Chapman’s Ice Cream is the latest Canadian company to step up to help with the pandemic response plan, with the company set to help store the Pfizer vaccine.
Source: ctv business
Chapman’s Ice Cream offers to help store COVID-19 vaccines in freezers

Trans Mountain has terminated its contract with the company that it hired to construct two sections of its pipeline expansion project in Alberta and B.C.
Source: ctv business
Trans Mountain fires contractor amid construction shutdown, safety review

Twitter has updated the warning labels it applies to U.S. election misinformation to reflect that Joe Biden is the president-elect, the company said on Saturday.
Source: ctv business
Twitter updates warning label for election misinformation to say Joe Biden won

Ontario legislation capping commission fees for third-party food delivery services in the province’s lockdown regions goes into effect this weekend.
Source: ctv business
Caps for food delivery services to be implemented in Ontario this weekend

The cannabis industry might be closing out a year full of massive cuts, but Aurora Cannabis Inc.’s chief executive says there is still plenty of money to be made in the pot business.
Source: ctv business
Aurora CEO sees promise in cannabis industry, despite year of cuts and layoffs

Crystal-studded clouds reflected in a pond, an oversized crystal chandelier surrounded by mirrors: the headquarters of the Swarovski crystal empire are every bit as glitzy as you might expect — but the sparkle can’t distract from a bitter family feud over the company’s future.
Source: ctv business
Family feud rages as Swarovski empire loses its lustre

Canadian Pacific says it will pilot a new project to build a hydrogen-powered train. The railway company says the line-haul locomotive will be the first of its kind in North America once it is retrofitted with hydrogen fuel cells and new battery technology.
Source: ctv business
Canadian Pacific to pilot hydrogen-powered train to decarbonize freight transport

Sony has pulled Cyberpunk 2077, the most anticipated game of the year, from its PlayStation Store and is offering refunds to customers.
Source: ctv business
Sony pulls bug-ridden Cyberpunk 2077 from the PlayStation Store

Sales fell at BlackBerry Ltd. in the three months that ended Nov. 30, but the technology company is banking on partnerships with Amazon and Zoom to bring in steady revenue going forward.
Source: ctv business
BlackBerry banks on new partnerships amid falling sales